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Saudi Arabia To Establish $40 Billion AI Investment Fund

Saudi Arabia To Establish $40 Billion AI Investment Fund

Saudi Arabia plans a $40B AI investment, potentially becoming the industry’s largest investor, with talks of a partnership with a16z. According to reports, in recent weeks, representatives of Saudi Arabia’s Public Investment Fund (PIF) have talked about a possible collaboration

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What Does the EU's AI Act Mean for Startups? 

What Does the EU’s AI Act Mean for Startups? 

The EU Parliament passed the much-awaited AI Act last week, making it the first major jurisdiction in the world to introduce comprehensive rules for the sector, but compliance could prove tough for startup companies new to regulation.  While aspects of

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Why Musk Open-Sourced AI Grok

Why Musk Open-Sourced AI Grok

Elon Musk’s AI startup, xAI has open- sourced its ChatGPT rival Grok, releasing its raw computer code, a week after the tech billionaire announced the plan to the public. This will allow developers and researchers to build on the model

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What Does the EU's AI Act Mean for Startups? 

EU Parliament Finally Adopts the AI Act

The European Union has approved the AI Act, becoming the world’s first law to regulate the fast growing technology, after the EU Parliament on Wednesday voted in its favor. Three years later and 800 amendments, the Act will set guardrails

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AI Speech Protection Questioned by Legal Authorities

AI Speech Protection Questioned by Legal Authorities

Legal expert Peter Salib highlights the need for stringent regulation of AI-generated content, questioning its protection under the First Amendment amid rising concerns over the potential risks. The First Amendment’s protection of content generated by artificial intelligence (AI) is coming

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